Windmill commissioning evidence supported higher depreciation where grid connection and electricity generation proved operational use before the relev...
Pharmaceutical promotion and transfer-pricing comparability principles limited disallowances, while uncorroborated search allegations and unsupported ...
Business expenditure substantiation supports scrap credits, statutory payments and expense claims, while depreciation requires proof of actual busines...
Grant of Bail - The High Court of Jammu and Kashmir and Ladakh granted interim relief to the petitioner, challenging his arrest and remand under PMLA charges, on the grounds that the investigation of the predicate offence was stayed by another High Court. The court underscored the importance of adhering to procedural safeguards and guidelines for arrest under PMLA. While addressing the maintainability and jurisdictional aspects, it differentiated the cause of action for invoking its jurisdiction from that before the High Court of Punjab and Haryana, thereby dismissing the respondent's preliminary objection.
Grant of Bail - The High Court of Jammu and Kashmir and Ladakh granted interim relief to the petitioner, challenging his arrest and remand under PMLA charges, on the grounds that the investigation of the predicate offence was stayed by another High Court. The court underscored the importance of adhering to procedural safeguards and guidelines for arrest under PMLA. While addressing the maintainability and jurisdictional aspects, it differentiated the cause of action for invoking its jurisdiction from that before the High Court of Punjab and Haryana, thereby dismissing the respondent's preliminary objection.
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